Omagine

Company has signed a Development Agreement with the Government of the Sultanate of Oman. Omagine Owns 60%; Sultanate Owns 25%; Consolidated Contractors Owns 15%. Project to be developed on 245 acres of beach front land on Gulf of Oman. The estimated cost approximately $2.5 Billion. BNP Paribas To Lead Construction Financing Syndicate.
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Re: Omani bank appointed Omagine Phase 1 financial advisor
Omagine
about 8 years ago
0
in response to bill4810's message

Duly noted, but the DA etc. was highly politically connected in getting done or not getting done. It was a "huge" decision for the Omani minister(s).

This bank deal is nothing unusual and is what the banks do for a living. Ergo, ipsofacto, I am confident there will be no hiccups next week.

Nice move in price this morning. Only needs to rise another 100% for me to approach break-even.

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AltonG
City
Basking Ridge
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President
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Date Joined
08/17/2011
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Omagine
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Symbol
OMAG
Exchange
OTCQB
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20,799,937 as of 01/04/2017
Industry
Bricks & Mortar
Website
omagine.com
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